Thailand: Production of PA9T and HSBC Kurary, GC, and Sumitomo Establish JV for Advanced Materials Production
Kuraray, PTT Global Chemical, and Sumitomo, on July 11, 2018, held an opening ceremony for a joint venture company, Kuraray GC Advanced Materials in Thailand.
Bangkok/Thailand — The JV will be located in Hemaraj Eastern Industrial Estate (Map Ta Phut Complex), Rayong in Thailand, and will manufacture and sell High Heat Resistant Polyamide-9T (PA9T) and Hydrogenated Styrenic Block Copolymers (HSBC).
The opening ceremony was attended by executives from the Kuraray Group, GC Group, and Sumitomo Group. It took place at the Energy Complex, Bangkok, in Thailand.
At the ceremony, attendees expressed their high expectations for this project in Thailand. Kuraray's President Ito remarked, that GC had diversified and wide-range petrochemical businesses, including manufacturing and distribution of upstream, intermediate, and downstream petrochemical products and Sumitomo was a Global Trading Company with a strong business ground in Thailand and Southeast Asia. GC's President Supattanapong commented that over the past three years, the three companies had been harmonizing together and put tremendous effort into making this project happen.